Uncleared Margin Rules Valuations Manager

HSBC; Philippines; Hybrid; PHP 2,200,000 - 3,600,000; Full time

Job summary

HSBC in Quezon, NCR, Philippines, is seeking an experienced professional for the role of Manager Uncleared Margin Rules Valuations. The position involves delivering MRUD Initial Margin frameworks and collaborating with multiple teams within Global Markets.

The candidate should have strong statistics, market/counterparty risk knowledge, and VBA/SQL skills, with a track record in risk reporting and stress testing. Hybrid work arrangement is offered.

Qualifications

• Pro-active, good communication and business writing skills.
• Very good mathematical / statistics skills.
• Good market risk or/and counterparty risk knowledge.
• VBA and SQL mastery.
• Experience in market/counterparty risk reporting.
• Previous stress testing experience and product control experience.

Responsibilities

• Reviewing & understanding the regulatory framework for Margin Rules for Uncleared Derivatives (MRUD) Initial Margin (IM).
• Working with all stakeholders on the End to End delivery of Margin Rules for Uncleared Derivatives (MRUD) Initial Margin (IM).
• Working in the development of Collateral & Risk framework for Initial Margin (IM).
• Collaborating with HSBC Counterparts, Collateral Management, RRA (Regulatory Risk Analytics) & Global/Regional Market Risk Management.
• Working on delivering a high standard Collateral & Risk framework.
• Ensure that deadlines set for Collateral & Risk are delivered in a timely manner.

Skills

Pro-active

Communication

Mathematical skills

Market risk knowledge

Counterparty risk knowledge

Tools

VBA

SQL

Job description

HSBC in Quezon, NCR, Philippines, is seeking an experienced professional for the role of Manager Uncleared Margin Rules Valuations. The position involves delivering MRUD Initial Margin frameworks and collaborating with multiple teams within Global Markets.

The candidate should have strong statistics, market/counterparty risk knowledge, and VBA/SQL skills, with a track record in risk reporting and stress testing. Hybrid work arrangement is offered.